Lloyds chief banks on cuts to fund growth

July 1, 2011

Investors may be impressed by Lloyds boss Horta-Osorio's cost-cutting prowess. Convincing them that the bank can grow will be a harder slog.

Credit Suisse keeps on finding more costs to cut

October 25, 2012

The Swiss bank led peers last year with a 3 bln Swiss franc cost reduction plan. That programme is well under way, but returns are still squeezed. So it has announced another 1 bln of cuts. With unrelenting pressure for more capital, investment banking remains a tough business.

Pepsi & Anheuser’s cost-saving cocktail

October 14, 2009

The spoils are obvious. Estimates vary, but in the retail sector some half to two-thirds of planned synergies from a merger generally come from purchasing savings. If Pepsi and Anheuser can keep the administrative costs down, then the savings they can make in non-core areas should give them both a competitive advantage.